Financiere des Professionnels Fonds d investissement inc. Boosts Stock Holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Financiere des Professionnels Fonds d investissement inc. lifted its position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 10.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 458,168 shares of the business services provider's stock after purchasing an additional 43,946 shares during the period. Financiere des Professionnels Fonds d investissement inc. owned about 0.10% of Dun & Bradstreet worth $4,096,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Amundi increased its stake in shares of Dun & Bradstreet by 27.9% in the fourth quarter. Amundi now owns 5,158 shares of the business services provider's stock worth $64,000 after purchasing an additional 1,126 shares in the last quarter. Neo Ivy Capital Management bought a new position in shares of Dun & Bradstreet during the fourth quarter worth $96,000. Vest Financial LLC bought a new position in shares of Dun & Bradstreet during the first quarter worth $106,000. True Link Financial Advisors LLC bought a new position in shares of Dun & Bradstreet during the first quarter worth $114,000. Finally, Brown Miller Wealth Management LLC bought a new position in shares of Dun & Bradstreet during the first quarter worth $122,000. 86.68% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Jefferies Financial Group restated a "hold" rating and set a $9.15 target price (down previously from $11.00) on shares of Dun & Bradstreet in a research report on Tuesday, March 25th. Wall Street Zen assumed coverage on shares of Dun & Bradstreet in a research report on Wednesday, May 21st. They set a "hold" rating for the company. Raymond James Financial lowered shares of Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a research report on Friday, June 13th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Eight analysts have rated the stock with a hold rating, According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $11.86.

Insider Buying and Selling at Dun & Bradstreet

In related news, Chairman William P. Foley II sold 2,500,000 shares of the firm's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $8.96, for a total value of $22,400,000.00. Following the transaction, the chairman owned 5,609,644 shares of the company's stock, valued at $50,262,410.24. This trade represents a 30.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Chinh Chu sold 10,885,403 shares of the firm's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $8.95, for a total transaction of $97,424,356.85. Following the completion of the transaction, the director directly owned 23,810 shares in the company, valued at $213,099.50. This represents a 99.78% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 10.44% of the company's stock.

Dun & Bradstreet Stock Performance

DNB stock remained flat at $9.12 during trading on Wednesday. 1,275,503 shares of the company's stock traded hands, compared to its average volume of 9,583,469. Dun & Bradstreet Holdings, Inc. has a fifty-two week low of $7.78 and a fifty-two week high of $12.94. The firm has a market capitalization of $4.07 billion, a PE ratio of -182.40 and a beta of 1.12. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.62 and a quick ratio of 0.62. The firm has a 50 day simple moving average of $9.03 and a two-hundred day simple moving average of $9.72.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last announced its earnings results on Thursday, May 1st. The business services provider reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.01. Dun & Bradstreet had a negative net margin of 0.88% and a positive return on equity of 11.51%. The business had revenue of $579.80 million for the quarter, compared to the consensus estimate of $578.02 million. During the same quarter in the prior year, the firm posted $0.20 earnings per share. The business's revenue for the quarter was up 2.7% on a year-over-year basis. Research analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.96 earnings per share for the current fiscal year.

Dun & Bradstreet Profile

Dun & Bradstreet Holdings, Inc engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors.